18 • NIC Bank Limited • Annual Report & <strong>Financial</strong> <strong>Statements</strong> <strong>2011</strong>
Board Of Directors 1 7 4 5 11 10 3 6 8 2 9 1. James P M Ndegwa - Chairman (Non-Executive) Mr. Ndegwa, aged 48, holds an MA (Hons) degree from Oxford University, UK, and is an Associate of the Chartered <strong>In</strong>surance <strong>In</strong>stitute, UK. He is the Chairman of First Chartered Securities Limited (FCS) and a director of several companies. Prior to his present position, he was the Managing Director of Lion of Kenya <strong>In</strong>surance Company until 2003. He joined the NIC Board on 19 November 2003 and was appointed Chairman in 2005. 2. Frederick M Mbiru - Vice Chairman (Non-Executive, <strong>In</strong>dependent) Mr. Mbiru, aged 74, holds a BA (Hons) degree from Makerere University and is an Associate of the Chartered <strong>In</strong>stitute of Bankers. He is currently a management consultant and a director of several companies having retired as General Manager of Barclays Bank of Kenya in 1993. He joined the NIC Board on 16 February 1993. 3. James W Macharia - Group Managing Director (Executive) Mr. Macharia, aged 52, holds a B. Comm (Hons) degree from University of Nairobi and an MBA from Henley Management College, UK. He is a Chartered Accountant (<strong>In</strong>stitute of Chartered Accountants in England and Wales), as well as a Certified Public Accountant (<strong>In</strong>stitute of Certified Public Accountants of Kenya). He has been Managing Director of various companies within the <strong>Africa</strong>n Banking Corporation (ABC) Group in both Zambia and Tanzania. He joined NIC Bank in May 2005 as Managing Director and was appointed to the NIC Board on 1 May 2005. 4. Alan J Dodd - Director (Executive) Mr Dodd, aged 56, has a BA (Hons) degree in Economics from Portsmouth University, UK. He has extensive regional and international banking experience covering East and Southern <strong>Africa</strong>, the Middle East and Asia. He joined NIC Bank in January 2006 as Director, Corporate Banking, and was appointed to the NIC Board on 22 February 2006. 5. George A Maina - Director (Non-Executive, <strong>In</strong>dependent) Mr. Maina, aged 60, holds a B. Tech (Hons) degree in Aeronautical Engineering and Design from Loughborough University, UK. He is currently a business consultant and a director of several companies. He has extensive experience in the oil industry in <strong>Africa</strong>, the Caribbean and Central America including being Managing Director of Kenya Shell and BP Kenya Limited from 1998 to 2002. He joined the NIC Board on 1 June 2002. 6. Francis N Mwanzia - Director (Non-Executive, <strong>In</strong>dependent) Mr Mwanzia, aged 67, has a B Com degree from University of Nairobi and is a qualified member of the Association of Chartered Certified Accountants, UK and Chartered <strong>In</strong>stitute of Secretaries and Administrators, UK. He is also a member of ICPAK and ICPSK. He is currently a businessman having retired as Group <strong>Financial</strong> Controller and Company Secretary of NAS Airport Services in 1999. He joined the NIC Board on 3 August 1995. 7. Andrew S M Ndegwa - Director (Non-Executive) Mr Ndegwa, aged 44, holds a BA (Hons) degree in Philosophy, Politics and Economics from Oxford University, UK. He is the Executive Director of First Chartered Securities Limited (FCS) and a director of several companies. He previously worked for Citibank and AMBank until 1995. He joined the NIC Board on 23 April 1997. 8. I Ochola - Wilson - Director (Non-Executive, <strong>In</strong>dependent) Mrs. Ochola-Wilson, aged 63, holds a BA degree from Dar-es-Salaam University and an MBA from University of British Columbia, Canada. She is currently a business consultant having retired as a Project Manager for DFID’s Business Partnership Programme in 2005. She joined the NIC Board on 5 November 1999. 9. Michael L Somen - Director (Non-Executive, <strong>In</strong>dependent) Mr. Somen, aged 75, is a Barrister-at-Law, Grays <strong>In</strong>n, England, and holds an MBA (Hons) degree from Brasenose College, Oxford. He is an Advocate of the High Court of Kenya. He retired in 2002 as Senior Partner of Hamilton Harrison & Mathews Advocates but remained as a consultant with the firm until 2010. He joined the NIC Board on 21 February 2001. 10. Paras V Shah - Director (Non-Executive, <strong>In</strong>dependent) Mr Shah, aged 38, is a lawyer by profession and a Certified Public Secretary. He holds an LLB (Hons) degree, from King’s College London, Diploma in legal practice from the College of Law, London, Diploma in Legal practice from Kenya School of Law and Diploma in Management from Henley School of Management. He is an Advocate of the High Court of Kenya and currently a partner of Hamilton Harrison & Mathews Advocates. He joined the NIC Board on 23 February 2010. 11. Livingstone Murage - Group Company Secretary Mr Murage, aged 54, has a B Com (Hons) degree from University of Nairobi and is a Certified Public Accountant and a Certified Public Secretary. He is also a member of ICPAK and ICPSK. He previously worked for Price Waterhouse and Mobil Oil, before joining the banking sector in 1986. He was appointed Company Secretary on 2 September 1999. NIC Bank Limited • Annual Report & <strong>Financial</strong> <strong>Statements</strong> <strong>2011</strong> • 19
Change language